Banker's Compliance Consulting Blog

HMDA Training and Consulting - HMDA - Getting it Right 2013 Update

Written by Amy Kudlacek | Apr 22, 2013 1:33:25 PM

The FFIEC just announced the release of the April 2013 version of the Home Mortgage Disclosure Act Getting it
Right (HMDA-GIR)
publication.

It appears the only “changes” have been to update the asset threshold for determining HMDA applicability ($42 million) and to change references from the Federal Reserve Board to the Consumer Financial Protection Bureau (CFPB).

The publication states it is to be used for 2013 calendar year data (due March 1, 2014).  This means that Appendix F was not updated with the recent MSA changes (see our April 13th blog).  We would expect a new version to be released sometime in the future to address these changes.

Published
2013/04/22
Amy Kudlacek